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The prosecutors say the Information Collins provided saved 8 men over 768,000 in a lawsuit. In a Statement Collins lawyer says its notable that even the government does not allege that he traded a share of the stock. We are confident he will be exonerated. Also a statement here by paul ryan. While his guilt and innocence is a question for the court to settle the allegations demand a prompt and thorough investigation by house Ethics Committee. Insider trading is violation of the public trust. Until the matter is settled, representative colins will not serve on the house eenergy and commerce committee. They are saying its true he lost millions in stock but the only reason he didnt make trades himself because it was
held up in the australian stock market. Technically, he just could not. He was also under investiga ....
Held up in the australian stock market. technically, he just could not. he was also under investigation by the ethics committee at the time for the similar accusations. mr. collins is considered the 13th wealthiest member of congress worth $44 million according to the roll call. he is expected to be in federal court at 2:30. melissa: so i want to clarify. that is a really interesting detail. he learned that the drug failed the trial through e-mail from the c.e.o. not as a result of to his government job. and he heard it from someone where the testing was going on, the food and drug administration or whatever. is that right? yes. according to the indictment he learned about this at the congressional picnic from the c.e.o. of the company who says we have terrible news. the drug has failed. it was within minutes of that, that they have a willing of phone calls in which the representative collins we gone ....
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